Find the duration of a 6% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 7.5%. Note: Do not round intermediate calculations. Round your answers to 4 decimal places. What is the duration if the yield to maturity is 11.5%? Note: Do not round intermediate calculations. Round your answers to 4 decimal places. YTM Duration 7.5% YTM 11.5% YTM

Find the duration of a 6% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 7.5%. Note: Do not round intermediate calculations. Round your answers to 4 decimal places. What is the duration if the yield to maturity is 11.5%? Note: Do not round intermediate calculations. Round your answers to 4 decimal places. YTM Duration 7.5% YTM 11.5% YTM

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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